Mohawk Industries, Inc. (MHK) Interest Expense
The interest expense for Mohawk Industries, Inc. (MHK) is $17.80 Million with a year-over-year change of -63.30%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
MHK Interest Expense Chart
Current Interest Expense
$17.80M
$17.80 Million
Year-over-Year Change
-63.30%
vs. $48.50M prior year
Historical Data
30
Years of data available
Annual Interest Expense History
| Year | Interest Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $17.80M | $-30.70M | -63.30% |
| 2024 | $48.50M | $-29.01M | -37.43% |
| 2023 | $77.51M | +$25.61M | +49.35% |
| 2022 | $51.90M | $-5.35M | -9.35% |
| 2021 | $57.25M | +$4.87M | +9.30% |
| 2020 | $52.38M | +$11.11M | +26.91% |
| 2019 | $41.27M | +$2.44M | +6.30% |
| 2018 | $38.83M | +$7.72M | +24.80% |
| 2017 | $31.11M | $-9.44M | -23.27% |
| 2016 | $40.55M | $-30.54M | -42.96% |
| 2015 | $71.09M | $-27.12M | -27.62% |
| 2014 | $98.21M | +$5.96M | +6.46% |
| 2013 | $92.25M | +$17.53M | +23.47% |
| 2012 | $74.71M | $-26.90M | -26.48% |
| 2011 | $101.62M | $-31.53M | -23.68% |
| 2010 | $133.15M | +$6.12M | +4.82% |
| 2009 | $127.03M | $-19,000 | -0.01% |
| 2008 | $127.05M | $-18.94M | -12.97% |
| 2007 | $145.99M | $-16.76M | -10.30% |
| 2006 | $162.75M | +$92.50M | +131.67% |
| 2005 | $70.25M | +$12.05M | +20.70% |
| 2004 | $58.20M | +$4.61M | +8.59% |
| 2003 | $53.59M | $-21.89M | -29.00% |
| 2002 | $75.48M | +$39.74M | +111.19% |
| 2001 | $35.74M | $-13.74M | -27.78% |
| 2000 | $49.49M | +$14.59M | +41.79% |
| 1999 | $34.90M | $-16.80M | -32.50% |
| 1998 | $51.70M | +$8.80M | +20.51% |
| 1997 | $42.90M | +$6.00M | +16.26% |
| 1996 | $36.90M | — | — |
About Mohawk Industries, Inc.
Mohawk Industries, Inc. is a global leader specializing in the manufacturing, sourcing, distribution, and marketing of diverse flooring solutions. The company serves both residential and commercial clients, addressing needs for new construction and renovation projects across the United States, Europe, Russia, and other international territories. Its operations are structured into three primary segments: 1. Global Ceramic: This division offers a wide range of ceramic, porcelain, and natural stone tiles, and also procures, markets, and distributes other related tile products. Key brands within this segment include American Olean, Daltile, Eliane, EmilGroup, KAI, Kerama Marazzi, Marazzi, and Ragno. 2. Flooring North America (Flooring NA): This segment presents an extensive collection of floor covering products, available in various colors, textures, and patterns. Offerings span carpets, carpet tiles, rugs, mats, carpet pads, hardwood, laminate, medium-density fiberboards, luxury vinyl tiles (LVT), and sheet vinyl products. Prominent brands here are Aladdin Commercial, Durkan, IVC, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, and Quick-Step. 3. Flooring Rest of the World (Flooring ROW): This unit supplies a broad array of floor and building materials, including wood flooring, vinyl flooring, laminates, roofing elements, sheet vinyl, LVT, insulation boards, medium-density fiberboards, chipboards, and various other wood products. Its portfolio features brands such as Feltex, Godfrey Hirst, Hycraft, IVC Commercial, IVC Home, Leoline, Moduleo, Pergo, Quick-Step, Unilin, and Xtratherm. Additionally, this segment licenses its proprietary intellectual property to other flooring manufacturers. Established in 1988, Mohawk Industries, Inc. maintains its corporate headquarters in Calhoun, Georgia.
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
- CEO
- Jeffrey S. Lorberbaum